Phoenix Suns Owner Robert Sarver Intends To Sell Team

Just more than a week since the NBA handed Phoenix Suns owner Robert Sarver a year-long suspension and $10 million fine, the team is for sale.

Sarver’s punishment was a result of past racist and misogynistic remarks. Prior to last week’s ruling, the league had been investigating the Suns owner for close to a year.

On Wednesday, Sarver released a statement indicating that he is “beginning the process of seeking buyers for the Suns and Mercury.”

The Mercury is Phoenix’s WNBA franchise, which is also owned by Sarver. The decision to sell follows plenty of backlash from both inside and outside of the league. NBA executive director Tamika Tremaglio said last week that Sarver should receive a lifetime ban from the league.

LeBron James opined that Sarver’s penalty wasn’t harsh enough. And reigning NBA champion Draymond Green said earlier this week that the league “definitely got it wrong,” as it relates to the Sarver punishment.

Plenty of others weighed in to crucify Sarver, but it may have been PayPal – and their checkbook – that likely forced Sarver to sell.

Last week, PayPal said it would drop the Suns sponsorship (the company has been the team’s jersey sponsor since 2018) if Sarver remained involved with the Suns organization.

Sarver Purchased The Suns For $401 Million In 2004

Though Sarver has since apologized for his comments and asked forgiveness, he feels as if he has no choice but to sell.

“…In our current unforgiving climate, it has become painfully clear that that is no longer possible – that whatever good I have done, or could still do, is outweighed by things I have said in the past. For those reasons, I am beginning the process of seeking buyers…,” Sarver’s Wednesday statement read in part.

He went on to state that he doesn’t want to be a distraction and selling both franchises “is the best course of action for everyone.”

A 2021 Forbes report valued the Phoenix Suns at $1.8 billion.

Follow along on Twitter: @OhioAF

Written by Anthony Farris

4 Comments

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  1. If half the stuff he supposedly said is true … WHY would he ever get involved in two businesses … One dominated by black athletes … the other dominated by lesbian athletes ???????
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    He is welcome to his opinions but why be involved in those environment? Difficult to have ANY sympathy for the guy.
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    • “If half the stuff he supposedly said is true..”

      “Said.” Freedom of speech. Free unless a certain segment wont allow it, including repeating rap lyrics. Then you get run out. If I’m him I say good riddance and sell both, make 3-4 bill and walk out with double birds the whole way. And just a reminder, stop giving money to people who hate you.

  2. First they should make him keep the wnba team as a punishment. Second every owner should sell to a minority. Get it over with. Let the players own the league then blame David silver when it collapses. No idea who sarver was before this. Don’t care. He needs to go away n take his billions.

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